( clxxxii ) 



while the List published separately- consists of the names of 

 those only who are actually Fellows at the time of going to 

 press. This latter List can only be issued, for technical 

 reasons, after the publication of Part V of the previous year. 



The Treasurer reports as follows : — 



" The Income for 1918 shows an increase on that of 1917 

 of £236 9s. 2d., the details of which are as follows : — 



" This increase in income consists very largely of increases 

 in the Annual Contributions, for 1918, and for arrears. It 

 must be remembered that the more favourable state of affairs 

 in this respect arises in great part owing to the severe and 

 prolonged illness of the late Treasurer, Mr. A. H. Jones. 



" The surest test of the Society's financial condition, from 

 an income point of view, is undoubtedly the number of sub- 

 scribers who pay their contributions within the year in which 

 they are due. In 1913, the year before the war, the number 

 of Fellows who paid their subscription within the year was 

 467; in 1914— the high-water mark— 472; in 1915, 452; in 

 1916, 414; in 1917, 372; and in 1918, 455. It has been 

 very difficult during the past year to get into touch with 

 many of the subscribers who reside in remote parts of the 

 world. The restrictions of intercourse will now be removed, 

 and I trust that at the end of this year I shall be able to 

 record a result as favourable as that of 1915. 



; ' The reasons which have made it difficult to obtain sub- 

 scriptions for the current year apply also to the arrears, the 



